Common use of Trading Limits Clause in Contracts

Trading Limits. The Vessel shall be employed and carry passengers in lawful trades worldwide, provided that the Vessel will not be operated as a gaming vessel in or out of Port Everglades or New York/New Jersey. Owner shall not unreasonably withhold approval of additional ports. However, the Charterer can carry cargo except for hazardous materials, explosives, weapons and items that can risk the compliance of rules and regulations in the area of trade. In the event of serious outbreak of pestilence, war, Acts of God, force majeure, or other causes beyond the Charterer's control making the use of the Vessel in such trade commercially impracticable for a period in excess of 4 weeks, the Vessel may be placed or may be sublet for employment in any other safe trades, upon first securing the approval of the Owner, or Charterers may terminate this Charter.

Trading Limits. The Vessel shall be employed and carry passengers in lawful trades worldwide, provided that the Vessel will not be operated as a gaming vessel in or out of the Ports of Port Everglades or New York/New Jersey. Owner shall not unreasonably withhold approval of additional ports. However, the Charterer can carry cargo except for hazardous materials, explosives, weapons and items that can risk the compliance of rules and regulations in the area of trade. In the event of serious outbreak of pestilence, war, Acts of God, force majeure, or other causes beyond the Charterer's control making the use of the Vessel in such trade commercially impracticable for a period in excess of 4 weeks, the Vessel may be placed or may be sublet for employment in any other safe trades, upon first securing the approval of the Owner, or Charterers may terminate this Charter.